Contract Drafting, Letters of Intent

What to Know About Letters of Intent in Real Estate and Business Deals

Sands Anderson PC on 4/10/2025

Thinking about selling your business or a piece of real estate? You’ll likely need to start with a Letter of Intent (LOI), so it is important to know the basics before you dive in....more

Compare and Contrast: Key Differences Between the FTC’s Proposed Rule and Final Rule Amending Premerger Notification Requirements

Stevens & Lee on 10/25/2024

This white paper details the significant differences between the Federal Trade Commission’s Proposed Rule and recently issued Final Rule with respect to various premerger reporting requirements under the Hart-Scott-Rodino...more

Aircraft Purchase, Ownership and Operation: Protecting the Interests of a Family Business Owner – Part 2

Bradley Arant Boult Cummings LLP on 9/13/2018

As discussed in Part 1 of this series, the first step in purchasing a private aircraft typically involves the preparation of a letter of intent (LOI) or other nonbinding offer for the purchase of the aircraft. The LOI sets...more

Is that Letter of Intent Enforceable?

Parker Poe Adams & Bernstein LLP on 3/8/2016

Letters of intent, or term sheets (“LOIs”), are commonly used in M&A and other corporate transactions. However, when discussions between parties breakdown the question often arises, are any of the terms in the LOI...more

Letter of Intent: Gateway to a Deal

Shumaker, Loop & Kendrick, LLP on 6/20/2014

Your time is valuable. So is the business that you are thinking about selling or the business you intend to acquire. You may also be thinking that before running up professional advisor costs, your business folks should...more

Estimates in Letters of Intent Can Come Back to Bite

Buchalter on 1/15/2014

With the beginning of the new year, it is important to remember that letters of intent—and landlord generated items delivered pursuant to a letter of intent – have legal consequences, even when the terms of the letter of...more